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. >> thank you. >> coming up, president obama put climate change and energy reform front and center during the state of the union speech, but marco, i'm not a scientist rubio mostly dismissed this in his response. we'll discuss just ahead. hello! how sharp is your business security? can it help protect your people and property, while keeping out threats to your operations? it's not working! yes it is. welcome to tyco integrated security. with world-class monitoring centers and thousands of qualified technicians. we've got a personal passion to help your business run safer, smarter, and sharper. we are tyco integrated security. and we are sharper. how dowe get doing...olished room and make it shine? ...with a store full of ways to get it done. we can all throw on our work clothes... ...and throw out any doubt. because right now's the time to take those rooms from... ..."think i can do this?" to... ..."let me show you what i just did." more saving. more doing. that's the power of the home depot. outsmart your budget with this shaker vanity, a special buy at just $199. she was a picky eater.
-- >> today no area holds more promise than our investments in american energy. >> the president making new calls for more green spending. the same week a government report revealing some major misuse in a green grant. 150 million taxpayer dollars going to electric battery company where inspectors found employees playing video games, card games, cards, working at animal shelters, all while on the clock. and the only batteries they're building, so far they're in south korea. we keep hearing stories like this. so at a time when we're desperately looking for places to cut the federal budget, is this a perfect place to start? hi, everybody. welcome to "forbes on fox." let's go in with steve forks, rick you thinker, elizabeth mcdonald, morgan brennan, rich carlguard and mike. steve, if you want to cut waste, is this the place to start? >> sure, david. green energy a great place to save green dollars. if green energy had any promise, entrepreneurs would be in on it. in terms of clean energy, we have it in our backyard with natural gas, remove obstacles to that, we'll have all the clean energy we
, climate change, green energy. here's my take. if it was going to work all this throwing more, it's going to work to throw the economy up, it would have already worked. it's more of the same from mr. obama but these government planning efforts have never worked. we have a subpar 2% growth company and they're planning and spending and directing will never work. me? i was just hoping for some real economic growth measures, as i said, like a corporate tax reform. what's wrong with that? keystone pipeline, more limited rnme but it was not to be, at least not last evening. let's talk to our guests. we got a full house tonight. joining me tonight is austen golsby and we're delighted to have kelly ann conway and forbes's magazine executive editor. this is the best economic growth message of the last 24 hours and it came from senator marco rubio. >> presidents in both parties from john frj. kennedy to ronal reagan have known a free enterprise economy is the source of our middle class prosperity. >> i want to start with that. no planning, no government direction, no subsidies, no collective action
, we'll discuss chuck haggle's nomination with someone that's been through the process, former energy secretary bill richardson that just got back from a trip to north korea. we'll be right back. >>> the united nations security council is meeting to talk about north korea and what to do after the country carried out the third underground nurk lar guest. let me bring in bill richardson that just returned from a trip to north korea and u.s. ambassador to the u.n. and former energy secretary. good to see you, governor. good morning >> thank you, chris. nice to be with you. >> i am wondering if you got any indication when you were there they were thinking about doing this. >> well, we d we tried to persuade them against further launches and nuclear tests, but they basically said that in response to the security council restrictions and sanctions that were imposed before, that they were going to proceed with this test, and we tried to say to them you're going to be isolated. you're not going to get the advantages of the internet and google and eric schmidt, the ceo of google was with me wh
stories. an through and. >> thank you. that is a huge story. >>> in other news, the international energy agency is now cautioning expectations that higher oil demand growth this year could be overly optimistic. the watchdog group is warning that recent signs of the recovery could be the result of one off factors and not a sustained trend of improvement. so the iea is cutting its oil demand growth forecast for the coming year by a marginal 90,000 barrels a day. also in the news, j cpenney increasing borrowing capacity under a bank credit facility by $ 00 million. up now to -- $100 million. now to $1.9 billion. the retailer expanding an option to buy more at a later date. the news said to be raising concerns among analysts as the retailer works on that turnaround. >>> and conditions on a disabled carnival cruise ship in the gulf of mexico, they're in dispute. the company says it's making passenger -- passengers stranded aboard as comfortable as possible with running water, working bathrooms. this contradicts accounts of some passengers who told relatives about filthy, hot conditions, and l
in infrastructure, investing in energy, all of those are ways to make our economy stronger. that will be the central focus of the president's remarks this evening. >> texas republican congressman randy newbauer joins us on capitol hill. good morning. >> good morning, how are you, carl? >> good. a lot of discussion today whether this will be an echo of some called the cockiness, the confrontation of the inaugural. is that what you're looking for today? >> i think so. i think what the president laid out in his inaugural address is more taxes, more spending and more government. i feel like we're just going to get the details of that tonight. >> there's been a lot of discussion about how you go about with a big agenda. some say it's his last chance to go big. when you still have so many economic anxieties at work. do you think tonight's speech will be about jobs and middle class, or will it bleed into guns and immigration? >> i think it will be a little of both. i think what the president owes the american people is an explanation of why he wants to continue down a road where it's not working, we still
obama should be doing everything we can to become energy independent including building the keystone xl pipeline from candidate. >> that is the harbinger whether we need all of the above strategy or if it's campaign rhetoric. activists are determined to block the pipeline and held demonstration to demand they prevent the construction. canada on the other hand argues the u.s. should want oil from a reliable ally. >> people protesting to get more attention in the media than 65% of miles pe americans t prefer to get their oil from canada rather than venezuela or the middle east. >> the administration has said it would likely make a decision by the end of march. either way, it will unleash torrent of criticism. >> bret: jim, thanks. we'll talk about that with the panel as well. do you think the keystone xl pipeline will ever become a reality? let me know on twitter. follow me @brettbaier. those who support chuck hagel as defense secretary indicate they will likely allow a vote after they return from recess next week. south carolina's grahamm from says he will take hagel at his word he does
after $600 million in taxpayer money has already arguably been wasted on investments in green energy companies the white house, did you catch this part, they're now going to put 2 billion more of your taxpayer dollars into green energy programs. will they work? is that a nice valentines gift for the taxpayer? ♪ . bill: gatorade alert. that's a new one. freeway in los angeles here. fontana, california, actually. apparently a semi-truck carrying a load of gatorade has spilled its contents. all the traffic in the eastbound lane have been shut down except for the high speed lane. this is gatorade of a different kind of shower than you see an nfl coach getting after he wins the super bowl. now the gatorade's all over the freeway there. soda cans included. there is a massive cleanup operation underway. martha: wonder if it is the red kind or the green kind or the blue kind or the g2 or what gatorade specifically? i am tradition all in everything. i like the green yellow one, traditional version. >>> how about this story? you heard of sleep walking and sleep driving and sleep eating occur
country. he is doing what he has to do. i am all for his proposals, all for clean energy and comprehensive immigration, i am for gun legislation. i am for all of them. i am center-left, that is progressive. i think the country is definitely going progressive. i do not understand where the republicans want to obstruct and go with their small mindedness and small government proposals that they think that they can push through on the american people that i do not think are very popular. host: we have a different opinion from twitter. host: david wright's in on twitter and says -- host: dan is up next in california, republican. caller: hello. i would like to reiterate what was just said. i am a retired federal employees. executive orders used to come few and far between. this president is misusing them to an extreme degree. as the lady put it a little bit ago, executive orders are not meant for executive fiat of anything the president dreams. he is going to ruin the balance of power in this country if he keeps it up. i think he should be impeached for what he has done. host: what you think of
for employees in the united states. we need to spend more time and effort and energy and resources on making certain that americans pursue degrees, advanced degrees in mathematics and science and engineering and research careers. but the facts are that we have hundreds of thousands over the next few years of job openings. in the absence of being able to feel those with american students who have graduated and are looking for work, if they can't be filled by someone else who has studied in the united states, those who have that skill set and intellect, those companies are going to go outside the united states. the global demand for talent. here is what i say about the legislation. we are talking about it as it relates to the entire immigration debate. in my view, 80% of my colleagues would agree with me. republicans and democrats think that this is common sense. it is about creating jobs and economic opportunities within the united states. if we do not do it, the jobs will be created elsewhere. we cannot wait. 80% of my colleagues agree with me. but yet, there are those that say if we can't d
's in your wallet? i usually say that. make america it energy independent. >> 1980. >> 1980 by. >> government fails. here is my favorite "state of the union." >> the big era of government is over. >> but it is getting bigger. what is in store for our future? tonight. [cheers and applause] in limited government with individual freedom if somebody like ron paul would run for president. he is here. dr. paul, why didn't you run aor president?i e >> i had a dream that i did. i had a dream i was doing very well and by one the primary in iowa and a lot of the next morning and watched tv but my name was never mentioned. it was a dream. maybe someday. john: you often we're ignored by many but you did get more than 2 million votes in the republican primaries.n >> i was pleased, you always d want to do better if i wasi wase encouraged by the young people that showed up that is where i became more optimistic. i did watch some of theour "state of the union" messageat tonight i did not come out very optimistic with that but this -- addressing. on college campuses there is bw reason to be optimistic. >> yo
it's time to invest more in clean energy which he says could reduce our country's reliance on foreign oil, cut costs and sustain jobs. >> i saw those investments being in clean energy where we can create new clean energy made in american jobs but also in ways we can prepare our children and those going to college for the jobs that will be available for tomorrow. >> reporter: now, some republicans wonder if this type of plan will call for a stimulus. that's something they've rejected and said does not work. while bay area lawmakers say this is the only way to grow the economy when i see you next. kyla campbell, ktvu channel 2 news. >>> 7:17. florida senator, marco rubio delivered the republican response to the president's state of the union address. >> our free enterprise economy is the source of our middle- class prosperity. but president obama he believes it's the cause of our problems, that the economic downturn happened because our government didn't tax enough, spend enough or control enough. >> rubio delivered a response to the president's speech in spanish. he's considered a risi
much he focused on clean energy and on creating an energy security trust, using revenues from oil and gas industry to kind of get cars and trucks in the u.s. off of oil for good. and talked about cutting the red tape on gas and oil permits. that will have a longer term impact on prices, but today traders are buzzing about what happened overnight. the report from the american petroleum institute showed a decline in u.s. crude supplies. that's one factor supporting u.s. oil prices. add to that the international energy administration saying that opec production was actually at the lowest level in a year last month. so even if demand starts to come back, they did lower their forecast overall for global demand. if it starts to come back, that could be an issue with spare capacity. we'll find out a lot more about what's happening with the u.s. oil supply picture at 10:30 a.m. we'll get the report from the energy department. >> when we come back, republican congresswoman marsha blackburn of tennessee voted no on the fiscal cliff bill. how does she feel about the automatic spending cuts t
the freezing temperatures hoping it will all lead to changes in the u.s. energy policy. >> reporter: don, it has been one of the coldest days of the year here in washington, but it did not stop tens of thousands of people from jamming the national mall, and then marching from here right past the white house. even though president obama is away in florida, the message that they wanted to send the him is clear. they want two things. they want the environmental protection agency to establish stricter emission standards on the existing power plants and not just future plants that will be built down the line. they also want president obama to kill the extension of the keystone pipeline. that is the oil pipeline that is coming from canada and would cut through the united states and bring all of the way to the gulf coast. a lot of folks here are younger voters or younger people who say, even though the u.s. right now may be as focussed on the debt ceiling and other issues, it is time to look further down the line. >> i am only 16, and some day i hope to have my own kids, and i think that this i
business. it's one of the best places to do business in the country. but i appreciate the energy of rick perry. >> brian: he's got zero taxes in terms of what the state charges. he does have a situation where he feels as though texas has become a magnet for businesses not just from california, but from everywhere, as well as florida. >> california is outpacing job creation in texas. texas has no taxes, like income taxes, but their property taxes that are over two times higher than the state of california. so before everybody gets their moving vans out, consider the property tax impacts. that said, california has more scientist, more engineers, more nobel laureates, more venture capital, more patents emanating from it. it is still an essential place to do business. >> brian: i lived there for a while. you start off with a huge lead to anybody that comes to visit. you got rural, you got urban, you have everything you want and you got this incredible scenery. but you're losing people. look at the unemployment in california. 9.8%. in texas, it's 6.1%. we go on. and talk about other things th
's presence in the economy. in three areas he will call for more spending, education, green energy and infrastructure. those are three key areas where the president wants to improve increased spending. it will rely on a mini stimulus program. he will rely on government spending to create jobs. this will be paid for with higher taxes on wealthy individuals, corporations and oil companies. this will be the aggressive pursuit of the economic policies put in place in the first four years. more government spending. martha: we saw a recent poll that showed 2-1 that people do not believe more spending is the route to economic recovery in this country. it got him reelected, these ideas about taxing oil companies and the rich more. but there is another question that has to do with reports of fraud and waste in the existing spending programs. the president's always said he would go after them with a scalpel to make sure the waste is gone. is that happening? >> reporter: the free cell phone system, the lifeline program. 6 million people get three cell phones from the government. 42% of the pe
is what i love to work on. i'm spending time on energy innovation because we need cheap energy we need clean energy. creating a new high school course because i think science and history can be brought together and made more interesting. often the money that lets do you the innovation is what's missing, and i'm lucky enough to have capital to -- whether it's a new nuclear reactor or cheap solar. i combat for ideas. it lets me learn a lot of science, work with brilliant people. >> i have in my happeneds the annual letter from you from the foundation. what's interesting here, the theme of this is measurement. and you say that's crucial to have a goal and to be able to measure how well you're doing if you're going to reach the goal. >> right. it's been stunning to me in the last year that the places we even done well is where we're going and really able to see what's going on. and for example, if you want to get 90% of the kids vaccinated then you'd better know within a month of this area if it's working and if it is, what is it doing right. why is it working here
energy prices, tougher comps compared to last year and tax refund checks are late this year. that's a major issue for a digs counter like walmart. retailers, kohl's dropped, target dropped and there's rumors that there might be interest in gap but the company doesn't comment on rumors or speculation and the higher dollar put pressure on commodities all day. the big story. energy stocks have had a great year, but the bottom line is they have all had a weak day today. finally take a look at the month, february. s&p 500 up 1.4%. maria, look at the rest of the world, all to the downside. we're outperforming everybody else. >> there you go. it looks like it's the best game in town. bob, you said something a minute ago. i want you to tell me when. when do people get the tax checks had. >> they are delayed because the irs would normally be senning out by the middle of january a large number of checks. they have been delayed several weeks because of the problems with -- with dealing with the fiscal cliff issues. >> thanks, bob. we'll see you a little later. after the break, some fishy tra
-- growth, stability, jobs, energy, financial markets. one of the key issues that's been discussed here, one of the so-called sherpa meetings ahead of the official meeting friday and saturday is about finance, it where are the financial flows and key for finance for infrastructure especially in areas such as asia, as well, which of course is part of the emerging powers. the other g-13 so to speak. with that in mind, imf senior economist for asia pacific joins us. i know you're not here to talk go-20 specifically or currency wars. i'll put that on the table. you are here to talk about infrastructure flows which is absolutely key to a lot of emerging economies in asia, as well. what's the message that you're hearing? what's the message you're giving? >> i think there's an issue in a lot of countries that there are large infrastructure gaps. we see it in advanced economies and in emerging markets of the there's an issue of where funds are going to come from to address gaps. they're questions related to how the funds will be sourced and how they will be intermediated into infrastructure flows an
at big sector movers: telecom stocks were hardest hit, falling 2%. but on the plus side, energy rose slightly. now, let's take a look at some of the day's big earnings reports. whole foods posted a 24% gain in first quarter profits. both sales and margins also improv. but the stock wilted, falling nearly 10% to $87.50. and that's because the company warned of weaker sales and margins for the rest of this year. but that decline was small potatoes compared to the big drop in weight watchers stock, down 17%. earnings plunged in the fourth quarter due to higher costs as well as thinner attendance at its weight loss meetings. the company also warned earnings this year will be far below expectations. "angie's list" was a huge gainer. check out this chart! the company surprised wall street by reporting a fourth quarter profit insteadf a loss. that pushed the stock up more than 20%. the online review site was able to cut costs while boosting revenues. angie's also expects first quarter sales to come in ahead of estimates. skechers also swung to a fourth quarter profit thanks to big gains in
some of our oil and gas revenues to fund an energy security trust. i propose a fix-it first program, to put people to work as soon as possible on our most urgent repairs like the nearly 70,000 structurally deficient bridges across the country. no one who works full time should have to live in poverty and raise the federal minimum wage to $9 an hour. tonight i propose working with states to make high-quality preschool available to every single child in america. nothing i'm proposing tonight should increase our deficit by a single dime. >>steve: probably just about $1 trillion. >>gretchen: as we remember interviewing gene sperling, the economic advisor to the president, talking about investments -- that is the new buzzword. they're not going to say stimulus because the president himself said some of those shovel-ready jobs in the last stimulus round didn't work. now they're renaming it to investments the the minimum wage from $7 to $9. expanding preschool programs, $40 billion towards infrastructure and promoting climate change. the quote of the night it is not a bigger government we
resign. and he's saying basically he tkobt have -- doesn't have the strength or energy for this. it was quite a big surprise. >>brian: we understand he made the announcement in latin during a meeting with vatican cardinals this morning; right? >> exactly. this is a huge decision because basically it sets the stage for a conclave, a new election before the end of march. he said basically he is going to be leaving the post and it will be vacant until a new pope is elected. he recently had a consistry, he included new cardinals so that under the -- under the age of 80 will be voting. so the number of cardinals is up to the level that is appropriate for a conclave. you can sort of see looking back in hindsight that there are a couple of moves that he's made, especially this talk about his recent book about the fact that popes can and should resign if they're not up for the job. >>steve: there was some speculation last year when he turned 85 that because of his resigning health, he might resign then. how has his health been in the last year then? >> he has his good days and his bad d
forms of energy, make medical advances that save lives and ultimately reduce the cost of health care. developed a technology that defend our country and make our fighting men and women safer and advance our economy. more than half -- more than half of economic growth in this country since world war ii has resulted from technological advances, none of which would have been impossible -- almost some of which would have been possible without the basic research funded by the federal government. sometimes this all sounds very theoretical, but we live it every day. let me hold up for you this morning they said sheehan little iphone. can't get along without this thing. you all have one in your pocket or perhaps you're looking at right now and not listening to me. [laughter] which by the way, it's pretty standard for us professors, so it's not surprising. this device you have in your pocket and i have been nine would not exist were it not for federally funded research. let me show you why. the gps that enables your device to guide you to your destination would not exist without the federally
all over again. >> there is a lot of energy coming from the tea party. >> the gop will not present a unified front. >> they want an independent voice. >> marco rubio, rand paul will both be giving responses. >> when the republican party chose paul ryan to give the official response. >> we want to work with the president. >> the tea party issued their own rebuttal. >> the tea party is a dynamic force for good. >> the republicans' problem these days is a brand problem. >> tomorrow is make or break. >> there is no shortage of things to say about the state of the union. >> the state-of-the-union address. >> the state of the union is fill in the blank. >> our future is hopeful. our journey goes forward and the state of our union is strong. >> the so-called sequester, a large package of spending cuts set to go into effect march 1st, which was voted into law by a republican house of representatives and with majority republican support in the senate is now, according to the republicans who voted for it and hate it, the obama sequester. >> over the past few weeks, i have come to the floor t
energy and education. but he says infrastructure is the the big one. president obama believes democrats and republicans can get behind this idea that by investing in infrastructure they will create long-term jobs and economic benefits. he wants a national infrastructure plan within eight months. and california lawmakers are big supporters. some believe this could create jobs and improve the states unemployment rate of 9.8%. >> the president is focused on a forward agenda. instead of finding a way to cut our way to prosperity. he is talking about ways to continue our budget problems and invest in the future. >> reporter: president obama encouraged republicans get on board. why california lawmakers say this investment is needed despite the tight budget when i see you next. kyla campbell. >>> florida senator marco rubio delivered the public response. >> our free enterprise economy is the the source of our middle class prosperity but president obama, he leaves it's the cause of our problems. that the economic downturn happened because our government didn't tax enough. spend enough, or contr
? >> there is no indication of an immediate health crisis, but we know his energies have been fwr gradually lagging for some time. he'll be 84 in april, and his calendar has been increasingly restricted. they have been cutting back the number of public appointments he is taking and hesitating to schedule international trips, precisely out of his capacity to carry them out. so in that sense there, have been indications that the pope himself felt that his forces were beginning diminish, but as i say, there has been no hospitalization, no dramatic public collapse, nothing that would indicate that the moment was coming. this resignation, which, again, should take effect on february 28th, will trigger what the vatican calls a period which basically means that the preparations will now gun for a conclave of events, where the cardinals will gather to elect the next pope in tandem with that, beginning in full force today, the speculation about been de benedict xvi will begin. >> and speculation will be rampant. it's the same process as when the pope dies. they bring the cardinals in after calling the conclave and e
Search Results 0 to 49 of about 84 (some duplicates have been removed)

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